AGP Executive Report
Last update: 14 minutes agoRBA Rate Call: The Reserve Bank has lifted rates for the first time in three years, with markets now focused on how long borrowing costs stay restrictive. Budget & Banking Levy: Labor’s 2026 Budget introduces a new levy on banks and other deposit takers, with banks and consumer groups warning it could flow through to customers. CGT Reform Fight: A Senate inquiry has been launched into Labor’s controversial CGT changes, as investors and property professionals brace for knock-on effects for housing and dealmaking. Scam Refunds: The government is pushing a faster $3,000 refund pathway for scam-hit Australians, while regulators keep tightening the screws on fraud. APRA Banking Rules: APRA has formalised a three-tier approach to proportionality in its banking prudential framework, alongside updated superannuation statistics. Fintech & Payments: Orbital has partnered with Banking Circle to expand regulated multi-currency payment corridors (including AUD soon), while Adyen and ROLLER launched embedded fast financing for leisure operators. AI in Work: Lendi Group is building AI use into staff performance reviews, signalling how fintechs are reshaping roles and expectations. Housing Data: New suburb data points to Adelaide’s northern areas as standout rental-yield hotspots for investors. PFAS Legal Pressure: Australia’s major PFAS lawsuit against 3M continues to escalate, keeping toxic cleanup costs in the spotlight.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.